NJR vs. NFG, OGS, SR, POR, AQN, ENIC, BIPC, ELP, IDA, and BKH
Should you be buying New Jersey Resources stock or one of its competitors? The main competitors of New Jersey Resources include National Fuel Gas (NFG), ONE Gas (OGS), Spire (SR), Portland General Electric (POR), Algonquin Power & Utilities (AQN), Enel Chile (ENIC), Brookfield Infrastructure (BIPC), Companhia Paranaense de Energia - COPEL (ELP), IDACORP (IDA), and Black Hills (BKH). These companies are all part of the "utilities" sector.
National Fuel Gas (NYSE:NFG) and New Jersey Resources (NYSE:NJR) are both mid-cap utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, valuation, profitability, earnings, analyst recommendations, media sentiment, institutional ownership, dividends and community ranking.
National Fuel Gas pays an annual dividend of $1.98 per share and has a dividend yield of 3.5%. New Jersey Resources pays an annual dividend of $1.68 per share and has a dividend yield of 3.8%. National Fuel Gas pays out 39.3% of its earnings in the form of a dividend. New Jersey Resources pays out 68.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. National Fuel Gas has increased its dividend for 54 consecutive years and New Jersey Resources has increased its dividend for 28 consecutive years.
National Fuel Gas has higher revenue and earnings than New Jersey Resources. National Fuel Gas is trading at a lower price-to-earnings ratio than New Jersey Resources, indicating that it is currently the more affordable of the two stocks.
74.0% of National Fuel Gas shares are owned by institutional investors. Comparatively, 71.0% of New Jersey Resources shares are owned by institutional investors. 1.6% of National Fuel Gas shares are owned by insiders. Comparatively, 0.8% of New Jersey Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
National Fuel Gas currently has a consensus target price of $62.00, suggesting a potential upside of 8.54%. New Jersey Resources has a consensus target price of $45.00, suggesting a potential upside of 1.53%. Given New Jersey Resources' stronger consensus rating and higher probable upside, equities analysts plainly believe National Fuel Gas is more favorable than New Jersey Resources.
National Fuel Gas has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500. Comparatively, New Jersey Resources has a beta of 0.62, indicating that its share price is 38% less volatile than the S&P 500.
In the previous week, New Jersey Resources had 14 more articles in the media than National Fuel Gas. MarketBeat recorded 21 mentions for New Jersey Resources and 7 mentions for National Fuel Gas. New Jersey Resources' average media sentiment score of 1.00 beat National Fuel Gas' score of 0.57 indicating that National Fuel Gas is being referred to more favorably in the media.
National Fuel Gas received 126 more outperform votes than New Jersey Resources when rated by MarketBeat users. Likewise, 65.83% of users gave National Fuel Gas an outperform vote while only 57.12% of users gave New Jersey Resources an outperform vote.
National Fuel Gas has a net margin of 23.84% compared to National Fuel Gas' net margin of 13.96%. New Jersey Resources' return on equity of 15.06% beat National Fuel Gas' return on equity.
Summary
National Fuel Gas beats New Jersey Resources on 18 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NJR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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